US oil producers address price drop

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Monday, US shale oil producers began a spending cut spree and a reduction of production that was caused by crude oil price drops.
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Tue, 10 Mar 2020 05:32:52 GMT

Oil prices plummet

On Monday, crude oil prices plummeted by more than 25%, which is the biggest drop since the 1991 Gulf War.

Mon, 09 Mar 2020 22:03:24 GMT

Stocks drop on Monday

During Monday's US trading session, stock indices dropped, as the global economy was expected to get hit by a Italian quarantine.

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